Samsung Adds 13 Crypto D-apps To Its Blockchain Keystore
Samsung is innovating its blockchain-based venture by adding over a dozen new applications to its Blockchain Keystore market
As per reports, Samsung’s online d-app store, Blockchain Keystore, was launched recently in March this year and
Samsung is developing rapidly in space. It is one of the first big-name companies to create and operate crypto-centric products with the launch of the Galaxy S10 earlierthis year.
“Although other companies have not done so yet, we have already made a blockchain wallet and released it,” Samsung said.
The tech giant is improvising onits wallet’s features to prepare for the soon emerging market competition. Currently, Samsung’s wallet system only enables storage of Ethereum-based ‘ERC-20’tokens and protocols.
The number one competitor for Samsungis Apple who has yet to release a walletbut might launch one soon enough. Apple had launcheda ‘CryptoKit’ for iOS 13in June 2019,hinting very clearly thatadoption may not be too long for the Cupertino giantitself.
Earlier last month, LG released trademark for“ThinQ Wallet,” which is a product that market researchers believe to be the foundation for a crypto ecosystem and wallet. The trademark implies that the ThinQ Wallet will allow for settlements, transaction, and e-money services.
China-basedHuawei, another one of Samsung’s competitors, has not yet seemingly developed a cryptographic wallet. Huawei explained that they “have no plans to put a cryptocurrency wallet on its smartphone because the Chinese government has not authorized it.” Samsung’s efforts are, to be very honest,
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